Assistant Portfolio Manager, Index Investments - Hang Seng Investment Management Limited

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join Hang Seng and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, Hang Seng offers opportunities, support and rewards that will take you further.

Hang Seng Investment Management Limited

Established in 1993, Hang Seng Investment Management Limited ("Hang Seng Investment") is a wholly owned subsidiary of Hang Seng Bank Limited, and is Hong Kong No.1 exchange-traded fund ("ETF") manager in terms of assets under management. As a Hong Kong based asset management company specialising in managing funds related to the mainland China and Hong Kong markets, Hang Seng Investment is committed to providing investors with comprehensive investment management services, through investment managers with extensive experience in managing funds (including a series of ETFs and retail funds) and investment portfolios, for institutional and private clients. As a leading home-grown asset manager in Hong Kong, Hang Seng Investment has 30 years of asset management experience. 

We are currently seeking a high caliber professional to join our department as Assistant Portfolio Manager, Index Investments.

Principal Responsibilities

• Support the management of index-tracking and systematic portfolios across ETPs, index funds and institutional mandates, ensuring outcomes aligned with stated benchmarks and/or investment objectives.
• Own/support day-to-day portfolio management activities including portfolio construction support, rebalancing, cash management and implementation of index events.
• Help design and maintain robust implementation approaches (full replication, representative sampling or optimization where appropriate) to minimize tracking error/difference, considering liquidity, transaction costs, taxes and operational constraints.
• Monitor portfolio risk, exposures and guideline compliance using relevant risk models and portfolio analytics; investigate drivers of tracking outcomes and support remediation actions.
• Partner with Dealing Team to plan and execute rebalances efficiently (market impact, best execution, liquidity management) and provide clear trade instructions and rationale.
• Manage/support exceptions and breaches: identify issues early, document decisions, escalate appropriately, and ensure timely resolution in line with governance and regulatory expectations.
• Support ETP operations where applicable, including coordination on creations & redemptions, basket composition and liquidity considerations with internal stakeholders and external counterparties.
• Conduct research and feasibility assessments for new index and systematic products (index selection, replication method, liquidity, costs, operational readiness and risk considerations).
• Support client communication and servicing deliverables, including performance review materials, index event explanations and portfolio commentary.
• Work closely with Investment Specialists, Sales, Product, Risk, Operations and Technology teams to support asset growth, client servicing and automation/process improvement.
• Maintain high standards of conduct, controls and documentation; support internal/external audits and adhere to all applicable compliance and monitoring procedures.

Requirements

• Bachelor’s degree (or above) in Finance, Mathematics, Economics, Engineering or related discipline; CFA preferred (or progress towards CFA).
• Experience in index portfolio management / portfolio implementation / asset management / index research / fund administration within a reputable financial institution. (Candidates with less relevant experience may be considered for an Analyst position.)
• Good knowledge of index methodologies and index event implementation (rebalancing mechanics, corporate actions).
• Strong quantitative and analytical skills; advanced Excel required; Python/R/VBA/SQL and Bloomberg/risk systems experience preferred.
• Strong understanding of investment compliance, portfolio guidelines and operating within regulated frameworks; able to manage exceptions/escalations appropriately.
• Clear communicator with strong interpersonal skills and ability to work across Trading, Risk, Operations, Product and Sales.
• High attention to detail, resilience during time-critical index events; able to prioritize and deliver under pressure.
• Proficiency in spoken and written English and Chinese (Cantonese and Mandarin).

The employment is subject to Mandatory Reference Checking Scheme (MRCS) as per regulatory requirement. For details, please refer to Hong Kong Monetary Authority - Mandatory Reference Checking Scheme.

You’ll achieve more when you join Hang Seng Bank Limited.
 
www.hangseng.com/careers
 
https://www.linkedin.com/company/hang-seng-bank

 
Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services.  We seek to attract high-calibre talent by offering a dynamic working environment, good career development opportunities and competitive compensation packages.
 
Issued by Hang Seng Bank Limited